20% downpayment

What’s the Big Deal About 20% Down?

Backdoor Price Increase Perhaps the key issue in housing at the moment — besides the just-released March Case-Shiller numbers showing that housing nationally touched a new low — is the initiative by lenders and some in Congress to mandate 20% down payments. In theory, the proposal makes a lot of sense:  Buyers who put down 20%...
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Things That Make Housing More Expensive

Real Estate Pop Quiz Quick, which of the following items make housing more expensive? A. Higher interest rates; B.  Limiting (or eliminating) the mortgage interest deduction; C.  Less capital for funding mortgages, due to a shrinking role played by Fannie Mae and Freddie Mac (the so-called Government-sponsored enterprises); D.  Requiring Buyers to put down 20%....
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